Item a Has a Lead Time of 2 Weeks and Requires

question 1

Multiple Choice

Item A has a lead time of 2 weeks and requires two units of Item B and three units of Item C.Item B has a lead time of 4 weeks; Item C has a lead time of 1 week.What should the planning horizon of the MRP be?

• A)2 weeks
• B)at least 6 weeks
• C)always less than 6 weeks
• D)3 weeks

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Definitions:

Limited Partnership

A form of partnership consisting of at least one general partner, who manages the business and is liable for debts, and one or more limited partners, who invest but do not manage and have limited liability.

General Partner(s)

Individuals in a partnership who have unlimited liability and are involved in the day-to-day management of the business.

Limited Partner(s)

Investors in a partnership who have limited liability to the extent of their investment and do not participate in day-to-day management.

Limited Partners

Individuals in a partnership who invest money but are not involved in daily management, and whose liability is limited to the amount of their investment.